Nokia Siemens in talks to sell business support unit
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Nokia Siemens in talks to sell business support unit

Nokia Siemens in talks to sell business support unit

Nokia Siemens Networks is in advanced talks to sell a unit that helps operators manage their billing systems as the unprofitable network equipment venture of Nokia and Siemens focuses on mobile broadband, Bloomberg has reported, citing people with knowledge of the matter. The Business Support Systems division has attracted interest from potential buyers including Sweden's Ericsson, US-based Amdocs and private-equity firms, the people said. The business may fetch as much as €300m ($377m), they said.

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